NTPC slips on weak Q1 earnings

NTPC rose 1.81% to Rs 146.80 at 14:45 IST on BSE after net profit fell 12.89% to Rs 2201.20 crore on 15.22% increase in total income to Rs 18885.14 crore in Q1 June 2014 over Q1 June 2013.

The result was announced during trading hours today, 31 July 2014.

Meanwhile, the BSE Sensex was down 148.18 points, or 0.57%, to 25,939.24.

On BSE, so far 4.32 lakh shares were traded in the counter, compared with an average volume of 12.43 lakh shares in the past one quarter.

The stock hit a high of Rs 149.80 and a low of Rs 145.95 so far during the day. The stock hit a 52-week high of Rs 168.80 on 6 June 2014. The stock hit a 52-week low of Rs 110.90 on 4 March 2014.

The stock had underperformed the market over the past one month till 30 July 2014, falling 4.11% compared with 2.65% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 28.60% as against Sensex's 16.37% rise.

The large-cap company has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) holds 74.96% stake in NTPC (as per the shareholding pattern as on 30 June 2014).

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